KBC Group NV (OTCMKTS:KBCSY) Plans Dividend Increase - $1.12 Per Share

KBC Group NV (OTCMKTS:KBCSY - Get Free Report) declared a dividend on Wednesday, April 17th, NASDAQ reports. Shareholders of record on Tuesday, May 14th will be paid a dividend of 1.1215 per share on Thursday, May 30th. The ex-dividend date is Monday, May 13th. This is a boost from KBC Group's previous dividend of $0.33.

KBC Group Trading Up 2.2 %

KBCSY traded up $0.78 on Wednesday, reaching $36.69. The stock had a trading volume of 17,825 shares, compared to its average volume of 39,157. KBC Group has a fifty-two week low of $26.84 and a fifty-two week high of $38.25. The firm has a 50-day moving average of $35.98 and a 200-day moving average of $32.30. The company has a market capitalization of $30.62 billion, a price-to-earnings ratio of 8.28, a price-to-earnings-growth ratio of 1.93 and a beta of 1.18.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.86 earnings per share for the quarter. The company had revenue of $2.88 billion during the quarter. KBC Group had a return on equity of 14.44% and a net margin of 13.46%. Sell-side analysts anticipate that KBC Group will post 3.69 EPS for the current fiscal year.

KBC Group Company Profile

(Get Free Report)


KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.

Further Reading

Dividend History for KBC Group (OTCMKTS:KBCSY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in KBC Group right now?

Before you consider KBC Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KBC Group wasn't on the list.

While KBC Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Featured Articles and Offers

Search Headlines: